Some Issues of Monetary and Exchange Rate Policy in Russia in 2000-2006 and in the Short-term Outlook

Drobyshevsky, Sergey; Kadochnikov, Pavel; Sinelnikov-Murylev, Sergey

doi:10.32609/0042-8736-2007-2-26-45

Vopr. èkon.

2007

DOI: 10.32609/0042-8736-2007-2-26-45

|View full text |Cite

Some Issues of Monetary and Exchange Rate Policy in Russia in 2000-2006 and in the Short-term Outlook

Sergey Drobyshevsky

Pavel Kadochnikov

Sergey Sinelnikov-Murylev

Abstract: The paper analyzes the problems of macroeconomic policy in Russia in 2000-2006. The authors estimate the trends of realization of monetary, credit, currency and budgetary policy under favorable and unfavorable external economic conditions. Different variants of government and central bank reaction to the oil prices conservation or decline are considered. Different scenarios of macroeconomic policy realization in 2007-2011 are modeled. The results of the computation are presented.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2013

2022

Publication Types

Select...

Article4

Relationship

Self Cite1

Independent3

Authors

Journals

Cited by 4 publications

(1 citation statement)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…See:Drobyshevsky, 2009;Drobyshevsky et al, 2007;Sinelnikov-Murylev et al, 1998; Drobyshevsky et al, 2012. 32 See above on differences between neo-Keynsianism, neo-classical theory and the theory of the real business-cycle.33 On endogenous growth models, seeRomer, 1994. …”

mentioning

confidence: 99%

Budget Policy and Economic Growth

Idrisov

Sinelnikov-Murylev²

2013

Vopr. èkon.

Self Cite

View full text Add to dashboard Cite

The paper analyzes the prior approaches to budget policy implementation in the context of accelerating economic growth. The authors review the academic issues of short and long term economic growth and discuss the Russian budget policy opportunities and constraints. The authors conclude that (1) in the current situation Russia has quite limited budget measures to smooth economic growth; (2) options to raise total government spending in short and middle-run perspective are absent, and, thus, (3) it is needed to change the expenditure structure along with transforming budget institutions in order to create preconditions for long-run economic growth.

show abstract

mentioning

confidence: 99%

Budget Policy and Economic Growth

Idrisov

Sinelnikov-Murylev²

2013

Vopr. èkon.

Self Cite

View full text Add to dashboard Cite

show abstract

Budget Policy and Economic Growth

Idrisov

Sinelnikov-Murylev

2013

SSRN Journal

View full text Add to dashboard Cite

Inflation in Russia: revealing the causes and the path of decline (on the strategic management platform)

Golikova¹

2022

Финансы И Управление

View full text Add to dashboard Cite

In this study, it is proposed to conduct an experimental monetary reform in one of the regions of Russia. To carry out monetary reform by introducing a fee for the use of funds in the balance at the end of the month of each of the participants in economic relations. The purpose of the new monetary reform is to achieve the reduction of inflation to zero. This study is based on observations and practical experience of European countries, China. In this paper, the author believes that monetary inflation is caused by money added during distribution in different ratios. As the root cause of inflation, interest is singled out as one of the components added during the distribution of money, which generates a social conflict regarding the redistribution of public wealth. The experimental monetary reform may be the beginning of other reforms and a component of Russia's economic development within the framework of strategic management. The advantages of monetary reform of the natural economic order in combination with other reforms are as follows: reduction of inflation (almost to zero), which is caused mainly by a significant percentage component of the distributed funds; exclusion of percentages from the cost components and, as a consequence, prices as an instrument of income redistribution in an unfair way, i.e. accumulation of most of the income from a small group of individuals, and in amounts larger than they need; prevention of social catastrophe, prevention of social unrest and social clashes, reduction of the level of aggressiveness in society and the onset of social justice; reduction of prices for goods and services up to 50%; the emergence of a stable nationally-oriented quality economy; the possibility of updating physically and morally worn out fixed assets of public infrastructure; GDP growth.

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

hi@scite.ai

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Some Issues of Monetary and Exchange Rate Policy in Russia in 2000-2006 and in the Short-term Outlook

Cited by 4 publications

References 1 publication

Budget Policy and Economic Growth

Budget Policy and Economic Growth

Budget Policy and Economic Growth

Inflation in Russia: revealing the causes and the path of decline (on the strategic management platform)

Contact Info

Product

Resources

About